We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Exam - Assignment Example

Comments (0)
Name Instructor Course Date Macro & Micro economics The economy is mostly molded by producers and consumers. The government also has powerful effects in some areas. The United States government has adopted policies to try and influence the economy’s growth rate…
Download full paper
Read TextPreview

Extract of sample

Download file to see previous pages... With time, this aggregate demand affects the allocation of resources and the productive capacity of an economy through its influence on the returns to factors of production, the development of human capital, the allocation of capital spending, and investment in technological innovations. Tax rates, through their effects on the net returns to labor, saving, and investment, also influences both the magnitude and the allocation of productive capacity. Macroeconomics has long featured two general views of the economy and the ability of fiscal policy to stabilize or even affect economic activity. The equilibrium view sees the economy quickly returning to full capacity whenever disturbances displace it from full employment. Accordingly, changes in fiscal policy, or even in monetary policy for that matter, have little potential for stabilizing the economy. Instead, inevitable delays in recognizing economic disturbances, in enacting a fiscal response, and in the economy’s reacting to the change in policy can aggravate, rather than diminish, business-cycle fluctuations. An alternative view sees critical market failures causing the economy to adjust with more difficulty to these disturbances (Ellis p 163). If, for example, consumers were to reduce their current spending in order to consume more in the future, producers, who would not know the consumers’ future plans for want of the appropriate futures markets for goods and services, would see only an indefinite drop in demand, and this might encourage them, in turn, to reduce their hiring and capital spending. In this world, changes in fiscal and monetary policy have greater potential for stabilizing aggregate demand and economic activity. How the economy reacts to fiscal policy depends on whether it is at full employment or operating below its full capacity. Wages and prices will start going up at great rates if monetary policy creates demand enough to enhance capital and labor markets beyond its long-run goals. A monetary policy that constantly attempts to its halve its short-term rates at an all time low will at the end achieve higher inflation will have no fixed increases in the growth of output or reduction in unemployment. In the long run, monetary policy cannot set employment and output. As there is a trade-off seen between lower unemployment and higher inflation in the short run, this trade-off will not be in the long run. This policy will also affect inflation directly through the people’s expected future inflation. If for example the fed eases the monetary policy and consumers and businesspeople figure it out, that will lead to higher inflation in the future and they will ask for an increment in their wages and prices. That will heighten inflation without great changes in output and employment. National saving provides the resources for a nation to invest domestically and abroad. Domestic investment in new factories and equipment can boost productivity of the nation’s workforce. Increased worker productivity, in turn, leads to higher real wages and greater economic growth over the long term. U.S. investment abroad does not add to the domestic capital stock used by U.S. workers to produce goods and services. U.S. investment abroad does increase the nation’s wealth and will generate income adding to U.S. GNP. When national saving is lower than domestic investment, a nation can borrow from foreign savers to make up ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
Final exam
According to Lamb (1984), strategic management is a continuous process that controls and evaluates the business undertaken by the organization, evaluates the potential of its competitors of the organization, and it specifies goals and strategies for the organization in order to enable it to face the threats posed by the competitors, and then re-evaluates the efficiency and effectiveness of the strategy on a periodic basis.
4 Pages(1000 words)Assignment
Exam 1
Exam 1 is due Tuesday 9 October. Late exams may not be accepted. You are expected to submit your own work. This exam is "open-book". You may use your books, notes, and the conferences to answer the questions - research beyond these sources is not necessary to complete this exam.
4 Pages(1000 words)Assignment
Exam 3
Such include the bodily desires and wants such as the sexual and aggressive drives among others. Super ego is the other extreme that represents the personality virtues that arise from social interactions. These features arise from those that an individual interact with the most such as the immediate society constituting the parents and peers.
4 Pages(1000 words)Assignment
Read all questions CAREFULLYand be sure to answer all questions. You will be able to view the entire test at one time so that you can review your answers prior to submission (you can change
6 Pages(1500 words)Assignment
Economic and relational theories are employed differently across the globe, leading to the formulation and implementation of policies that best suit a given nation’s setting and the society therein. In this regard, economic and
1 Pages(250 words)Assignment
All the possible approaches need to be considered and their anticipated outcomes analyzed. In case the team realizes there is a better approach for implementation of the project than the one which
2 Pages(500 words)Assignment
For instance, an angry mom telling his son to stop watching too many cartoons and instead spend that time on a school subject that he finds difficult. The child would repeatedly tell mom that he hates that subject and does not want to study. Mom would simply get
3 Pages(750 words)Assignment
Final exam
These are runtime errors. Runtime errors occur as your program executes. Since Python is an interpreted language, these errors will not occur until the flow of control in your program
2 Pages(500 words)Assignment
IFRS - Exam
ii) The cost model of measuring value of assets after recognition involves capitalization of an asset after which the model requires carrying cost of the asset must be measured as cost subtracting
2 Pages(500 words)Assignment
Whereas the American Senate and House of Representatives are elected the UK’s House of Commons has a mixture of appointed and directly elected members.
2 Pages(500 words)Assignment
Let us find you another Assignment on topic Exam for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us